Case summary:
Vitorio and Gary are about to attend manager's training session held at Missouri (headquarters of Company Vreeland Pharmaceuticals) and they are traveling together. During their travel, they discuss the importance of the meeting. Both of the men are quite disappointed to attend the meeting, as they already know how to deal with the employees.
They feel that they are about to waste their time in the session. They add that at first, Vreeland will disclose that the meeting is not required for the managers. However, later he will support the HR to carry on with the meeting.
Characters in the case:
- Vitorio, one of the managers attending the training
- Gary, one of the managers attending the training
- Vreeland, the owner of pharmaceuticals
- Connie, the HR in-charge of manager training sessions
Adequate information:
The meeting is mainly held to reduce the employees being fired for silly reasons and then apologizing for the same. The HR team feels guilty for such happenings due to the improper management and thus wants to create an error-free environment for all the employees.
To determine:
If Connie and her staff are right in imposing training for avoiding the mishaps of the manager.

Trending nowThis is a popular solution!

Chapter 2 Solutions
EBK MANAGEMENT
- There are a number of phases relevant used by most start ups other than those who follow the lean start-up approach. Under normal circumstances, entrepreneurs prefer to blend together the set-up, start-up and growth phases to release and continually revise products and services prototypes in response to customer feedback. Critically discuss in length using relevant examples and referencing what entrepreneurs need to consider during: a. The set-up phase of their business development. b. The growth phase of their business development. (10 marks) (10 marks)arrow_forwardPlease answer question 3. Provide in-text citations and references within 2019-2025. the company is a solar companyarrow_forwardaccreditation. Thato had to work with international bodies, adding complexity and expense to her operations. Despite these challenges, Thato capitalized on the strengths of the entrepreneurial environment. She formed partnerships with local agricultural cooperatives and NGOs, enabling her to access shared resources, knowledge, and training programs. She also collaborated with the government to participate in a public-private initiative promoting sustainable farming, which provided her with a modest grant. Thato leveraged digital platforms to connect directly with customers, eliminating intermediaries and offering competitive pricing. Her ability to innovate and adapt proved critical in sustaining her business, even during economic disruptions caused by the COVID-19 pandemic. By the end of 2023, Savannah Organics had expanded its operations to 15 hectares, supplying produce to supermarkets across the country and partnering with health-focused restaurants. Thato's journey highlights both…arrow_forward
- Case Study: Savannah Organics In the fast-developing economy of Botswana, a young entrepreneur, Thato Dlamini, decided to venture into organic agriculture. Inspired by the growing global demand for organic produce, Thato founded Savannah Organics in 2019, aiming to supply pesticide-free fruits and vegetables to urban markets. The company started with a modest 5-hectare plot on the outskirts of Gaborone. Despite its potential, Savannah Organics faced significant challenges linked to the entrepreneurial environment. Access to funding was one of the primary obstacles. Thato struggled to secure a bank loan, as the financial institutions required collateral far beyond her means. Her attempt to raise funds through grants was equally difficult, with bureaucracy and lack of clear guidance delaying her applications. Another challenge was the lack of supportive infrastructure. Irrigation systems and farm equipment were either unavailable locally or prohibitively expensive, forcing Thato to…arrow_forward4. The entrepreneurial environment is the combination of factors that affect entrepreneurs and their businesses. Thus entrepreneurial environment includes different types of entrepreneuship because have different aspirations and visions for the kind of businesses they want to create. a. Explain what an entrepreneurial ecosystem is. (2 marks)arrow_forward3. Securing needed financing is one of the most important functions related to starting a business. Therefore, it is important to understand what sources of financing exist at various stages of venture development. It is also important to determine what kind of financing provides the most value for the entrepreneur and the new venture. Equity financing is one way entrepreneurs use to access funding. a. What is equity financing? (3 marks) b. State and expain two (2) examples of equity funding. c. State three advantages of equity financing? (4 marks) (3 marks)arrow_forward
- 2. Define the following terms: a. Opportunity recognition b. Sharing economy c. Intrapreneurship d. Debt financing (3 marks) (3 marks) (3 marks) (3 marks)arrow_forward1. Design thinking is a deeply human process that taps into abilities we have as entrepreneurs but get overlooked by more conventional problem-solving practices. Its importance is to create value for customers, improve collaboration, foster creativity, develop resilience and of course to advance careers. Using the five (5) stages of design thinking process, state and explain how the process works. (10 marks)arrow_forwardgive brief peer-reviewed example of a single-supplier and multiple supplier sourcing strategy from within 2019-2024arrow_forward
- Referencing the scenario provided, and following the guidance provided by theStrategic consultant, Joy and her team are now prepared to proceed with finalizing their businessplan to launch their company. Considering how competitive the business sector is today, it isimportant that they are aware of their alternative organizational strategies. It is also important thatthey understand how to develop a sustainable competitive advantage, so as to remain financiallyviable. The group is considering utilizing the strategy formulation framework to aid in developingthe company and its products. Further to discussion with the Strategic Consultant, Joy is awarethat there are certain habits that strategic leaders must encompass but is not sure what they are. your group is to assume the role ofJ oy and her team. In doing so, you areexpected to complete the following: Given the event planning and gifts for all occassions which your business proposes to offer, assess the threestages of the…arrow_forwardRelever les défis de la gestion des ressources humaines, 6e édition (Chapitre 7, page 256) Auteur(s) Sylvie St-Onge, Victor Haines, Sylvie Guerrero, Julie Dextras-Gauthierarrow_forwardThis question is regarding business negotiation BUS356 in SUSS. The case below is extracted from Harvard Business Review Case Study “Move Fast,but without Bias: Ethical AI Development in a Start-up Culture”. It is important to support your answers with specific examples based on thescenario given in the case study below to demonstrate your understanding andapplication of the relevant concepts. You may make reasonable assumptions, aspart of your analysis. Answers must be supported with theoretical models and concepts from therecommended textbook, Lewicki, R. J., Saunders, D. M. & Barry, B. (2021). Essentialsof Negotiation (7th ed). New York: McGraw-Hill International Edition and coursematerials. Please provide useful links and citations for learning purposes.arrow_forward
- Management, Loose-Leaf VersionManagementISBN:9781305969308Author:Richard L. DaftPublisher:South-Western College PubUnderstanding Management (MindTap Course List)ManagementISBN:9781305502215Author:Richard L. Daft, Dorothy MarcicPublisher:Cengage Learning

